Sweden PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Sweden's ppp conversion factor was 8.51 in 2025, ranked 87th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Sweden's ppp conversion factor stood at 8.51 in 2025, a rise of +0.02 from 2024. Based on recent trends, this figure is projected to reach 8.51 by 2025. Sweden ranked 87th globally.
Sweden’s purchasing power parity (PPP) conversion factor has drifted modestly over the 36‑year series, falling from an early‑1990 level of 8.88 to a 2025 value of 8.51, which places the country 87th in the global ranking. The metric reached its all‑time high of 9.49 in 2003, reflecting a period of relatively strong price level differentials, before sliding to a trough of 8.34 in 2022 amid worldwide inflationary pressures and a strengthening Swedish krona. Compared with its closest peer, Norway, which records a conversion factor of 8.71, Sweden remains slightly less expensive on a PPP basis, while the figure is higher than that of Seychelles (7.84) and lower than Mexico’s 9.86. The downward trajectory since the 2003 peak suggests a gradual convergence toward peer levels, and future shifts in domestic price growth, exchange‑rate movements, or structural reforms could either accelerate the decline toward the trough or stabilize the factor around the current 8.5 mark.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.56 | - | - |
| 2026* trend | 8.53 | - | - |
| 2025* trend | 8.51 | - | - |
| 2025 | 8.51 | +0.02 | #87 |
| 2024 | 8.49 | −0.03 | #106 |
| 2023 | 8.52 | +0.18 | #112 |
| 2022 | 8.34 | −0.03 | #114 |
| 2021 | 8.36 | −0.07 | #115 |
| 2020 | 8.44 | −0.15 | #115 |
| 2019 | 8.58 | −0.28 | #116 |
| 2018 | 8.87 | +0.01 | #117 |
| 2017 | 8.85 | +0.03 | #118 |
| 2016 | 8.82 | −0.03 | #119 |
| 2015 | 8.85 | +0.13 | #121 |
| 2014 | 8.73 | +0.13 | #122 |
| 2013 | 8.60 | −0.06 | #121 |
| 2012 | 8.65 | −0.19 | #122 |
| 2011 | 8.84 | −0.18 | #124 |
Detected Pattern
Analysis
Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Sweden's ppp conversion factor was 8.51 in 2025. Ranked 87th globally. This represents a 0.2% increase from the previous year.
Sweden's ppp conversion factor peaked at 9.49 in 2003.
The lowest ppp conversion factor in Sweden was 8.34 in 2022.
Sweden ranks 87th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Sweden's ppp conversion factor is projected to reach 8.51 by 2025 based on trend extrapolation.
The ppp conversion factor of Sweden in 2025 was 8.51. This ranks 87th in the world.
Cite this page
@misc{historysaid_sweden_ppp-conversion-factor,
title = {Sweden PPP Conversion Factor},
url = {https://historysaid.com/sweden/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}